Toledo, OH Airbnb Market Data, Statistics, and Occupancy Rates

Toledo Short-Term Rental Market Overview

Toledo, OH stands out as an affordable Midwest market where low property costs amplify short-term rental returns. With an average home value of $208,451 and annual STR revenue averaging $16,711, the revenue-to-price ratio sits well above average — a metric that matters most in Rabbu's ROI scoring. The market currently hosts 203 active Airbnb listings, and while occupancy at 31% trails the Ohio state average slightly, the combination of low entry costs and steady demand creates a compelling case for investors seeking cash-flow-positive properties without coastal price tags.

Key Market Statistics

According to Rabbu market data, the Toledo short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Toledo

Toledo's appeal for STR investors rests on its unusually strong revenue-to-price ratio, which allows lower-cost properties to generate meaningful cash flow relative to acquisition costs.

Expert Market Assessment

"Toledo earns an "Attractive Opportunity" designation with a 63/100 ROI score, reflecting genuine upside tempered by a few softer metrics. The market's strongest asset is its revenue-to-price ratio — at an average annual revenue of $16,711 against $208,451 home values, investors can realistically target positive cash flow on properly managed properties. Seasonality is pronounced, with July revenues ($1,965) running nearly 2.5 times higher than February's ($785), so operators should budget for leaner winter months. The supply-demand balance scores below average, and with listings growing 116% year-over-year, competition is intensifying — making property differentiation and smart amenity choices more important than ever."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Toledo

Average revenue by month in Toledo

Toledo's revenue cycle peaks sharply in July at $1,965 and bottoms out in February at $785, creating a roughly 2.5x spread between the best and weakest months. This pronounced seasonality means investors should plan for five strong months (May–September) and budget carefully through the winter lull.

Active Airbnb listings by property size in Toledo

One-bedroom units dominate Toledo's supply with 84 listings (41% of the market), while 4-bedroom properties are scarce at just 14 listings. The relatively thin inventory of larger homes could represent an opportunity for investors willing to acquire 3- or 4-bedroom properties, which face less direct competition.

Average daily rate (ADR) by property size in Toledo

ADR scales steeply with size in Toledo — from $78 for 1-bedroom units up to $245 for 4-bedroom properties, a more than 3x premium. The jump from 2-bedroom ($115) to 3-bedroom ($154) offers a strong price-per-bedroom increase without the significantly lower occupancy that 4-bedroom units experience.

Average RevPAN by property size in Toledo

Revenue per available night climbs consistently with property size, from $21 for 1-bedrooms to $59 for 4-bedroom listings. Three-bedroom units at $49 RevPAN represent a sweet spot, delivering nearly 2.5x the revenue efficiency of 1-bedrooms while maintaining more manageable acquisition and operating costs than the largest properties.

Average occupancy rates by property size in Toledo

Two-bedroom properties lead occupancy at 37%, outperforming both smaller 1-bedroom units (28%) and larger 4-bedroom homes (24%). This suggests that mid-size properties attract the most consistent booking demand in Toledo, making them a safer bet for investors prioritizing cash-flow stability over peak nightly rates.

Average monthly revenue by property size in Toledo

Monthly revenue nearly triples from 1-bedroom listings ($778) to 4-bedroom properties ($2,449), with 3-bedrooms earning a strong $2,051 per month. Investors looking for meaningful monthly income should target 2-bedroom units or larger, as 1-bedroom listings may struggle to cover expenses during off-peak months.

Average annual revenue by property size in Toledo

Four-bedroom properties lead annual earnings at $29,394, followed by 3-bedrooms at $24,617 — both representing solid returns against Toledo's average home values. Even 2-bedroom listings generate $18,386 annually, which at these price points can translate to attractive yield percentages when acquisition costs remain well below the market's $208,451 average.

Most common amenities for Airbnb listings in Toledo

Parking (97%) and kitchen access (95%) are virtually universal in Toledo's listings, while self check-in (89%) and laundry facilities (~78%) signal a market oriented toward independent, longer-stay guests. Differentiators like hot tubs (3%) and waterfront access (4%) are rare, suggesting that adding premium amenities could help a listing stand out in this increasingly competitive market.

Understanding Toledo's ROI Score: 63/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Toledo's ROI score of 63 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that reflects meaningful earning potential relative to low acquisition costs. Occupancy stability and market growth trend are both average, while the supply-demand balance scores below average — a signal that the rapid influx of new listings (116% YoY growth) is worth watching closely. Investors should pair these data points with local regulatory research and a conservative underwriting approach, especially given the market's seasonal revenue swings.

Short-Term Rental Regulations in Toledo

Understanding local STR regulations is essential before investing in Toledo. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Toledo, Ohio may be required to obtain permits or register their property with the city before listing. Investors should verify current requirements directly with the City of Toledo's licensing office and review any applicable Ohio state regulations.

Key Restrictions

Common restrictions in Ohio STR markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA covenants may impose additional rules or outright bans on short-term rentals, so it's essential to review any deed restrictions before purchasing an investment property.

Tax Obligations

STR hosts in Ohio are typically subject to state and county lodging taxes, and Toledo may impose its own transient occupancy tax. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Toledo can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Toledo's STR market is expected to maintain moderate growth in line with its current trajectory. Seasonal patterns suggest revenues will continue peaking in the $1,700–$1,965 range during summer months, with winter dips to around $785–$885. ADR could see modest increases of 1–3% as the listing base matures, though the 116% year-over-year growth in active listings warrants monitoring — rapid supply additions could pressure occupancy rates if demand doesn't keep pace. Investors entering now should plan conservatively for off-season months and target property sizes that have historically delivered stronger RevPAN."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Toledo, OH

What is the average Airbnb occupancy rate in Toledo?

The average occupancy rate for Airbnb listings in Toledo is currently 31%, which is slightly below the Ohio state average of 34%. Occupancy varies meaningfully by property size, with 2-bedroom units leading at 37% and 4-bedroom properties trailing at 24%. Seasonal demand fluctuations also play a significant role, so investors should factor in quieter winter months when evaluating expected cash flow.

How much do Airbnb hosts make in Toledo?

Airbnb hosts in Toledo earn an average of $1,392 per month, or approximately $16,711 per year, based on trailing 12-month booking data. Larger properties earn considerably more — 3-bedroom listings average $24,617 annually, and 4-bedroom properties reach about $29,394. Revenue peaks during summer months, with July averaging $1,965 per listing.

Is Toledo a good market for Airbnb investment?

Toledo scores a 63 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market's standout feature is its above-average revenue-to-price ratio, meaning that relatively affordable home prices allow investors to generate meaningful returns. Occupancy stability is average and supply growth is something to watch, but the low cost of entry makes it an appealing option for investors who want to start building an STR portfolio without tying up significant capital.

What is the average daily rate (ADR) for Airbnb in Toledo?

The average daily rate in Toledo is $126, which is significantly lower than the Ohio state average of $250. ADR scales with property size — 1-bedroom listings average $78, 2-bedrooms come in at $115, 3-bedrooms at $154, and 4-bedroom properties command $245 per night. While rates are modest, the low acquisition costs help maintain attractive yield ratios.

Are short-term rentals legal in Toledo?

Short-term rentals are generally permitted in Toledo, OH, but operators may need to comply with local permitting, registration, or licensing requirements. Regulations can vary and may change, so prospective hosts should check directly with the City of Toledo and review any HOA restrictions that might apply to a specific property before purchasing.

When is peak season for Airbnb in Toledo?

Peak season for Airbnb in Toledo runs from June through August, with July leading at an average revenue of $1,965 per listing. September and October maintain solid performance in the $1,485–$1,539 range before revenues taper into winter. February is the slowest month at approximately $785 in average revenue, so investors should plan for seasonal cash flow variability.

How many Airbnbs are there in Toledo?

As of April 2026, there are 203 active Airbnb listings in Toledo. One-bedroom units make up the largest share with 84 listings, followed by 58 two-bedroom properties, 43 three-bedroom homes, and 14 four-bedroom listings. The market has seen significant supply growth, with active listings increasing 116% year-over-year.

How is Airbnb revenue calculated in Toledo?

The annual and monthly revenue figures shown for Toledo are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance data, seasonal peaks and slower periods are naturally reflected in the figures. Individual results can vary based on property quality, pricing strategy, and how effectively a host manages their listing.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Toledo, OH market
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform property setup decisions

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations can change — always verify current requirements before investing.